This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Income Tax Act Section 43CA Provisions Effective Since April 1, 2014
Case Law Details
- Case Name
- Alif Construction Vs ITO (ITAT Mumbai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Related Assessment Year
- 2014-15
- Courts
- All ITAT, ITAT Mumbai
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Alif Construction Vs ITO (ITAT Mumbai)
ITAT Mumbai held that provisions of Section 43CA of the Income Tax Act are effective only from 1st April 2014. Accordingly, the same are not applicable when part payment was received in 2010.
Facts- The Assessee being a partnership firm engaged in the business of construction activities as a builder and developer, had shown its total income at Rs. Nil by filing its return of income for the AY under consideration on dated 26.11.2014, which was selected for scrutiny under CASS.
During the assessment proceedings, AO on verification of copy of sale agreements...
Author Info
